Energy Bull Market signaled by muted E&P investment outlook supported and price action Crude oil and natural gas prices have broken above long-term downward trend lines and are now back testing this support. Oil support at $ 58-60/bbl technical resistance at $77/bbl Natural gas support … [Read more...] about Commodity Cycle Emerging
Helicopter Money
Global Central Banks throw Helicopter Money at Markets, giving Bond Markets a lifelineOil and natural gas bottom, slowly building a base as rig counts fall suggesting higher prices ahead … [Read more...] about Helicopter Money
Panic and Distraction
2020 Rat brings Fear and Distraction Oil at $40-42 support, break of $39.19 would suggest retest of $32-35 followed by $28 and ultimately support rests with the 2016 low of $26.05.Natural gas has strong support at $1.61Oil and Gas Producers break 20-year support levelsDebt bubble is real issue with repo markets warning of continued financial distress Panic has … [Read more...] about Panic and Distraction
2020 – Year of the Rat Clever and Cunning
Unrooting the Debt
-Global high debt, aging demographics and slowing economy causing paradigm change, trade wars are merely a symptom- Illiquidity in Repo money markets signals impending banking issues - Debt bubble rather than Equity Bubble - Private Equity’s WeWork Valuation Raising Questions within Asset Class - Curtains are Exposing the Inability of Central Bankers to Manage Interest Rates … [Read more...] about Unrooting the Debt